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Hi,
I have been working with fib patterns, price and time ratios using 39
minute time frames and find that the clusters are very accurate. However
due to past losses prior to learning this technique it is very difficult
to hang in even during the reversal bar and watch the fluctuations. The
5-minute charts have too much noise and the profit potential is quite
small so I would welcome any suggestions for time-frames between 39 and
5 minute that others are using with satisfactory results. BTW I trade
nasdaq stocks in the $ 50+ range.
Thanks for any help,
Sincerely,
Good Trading,
Ketayun
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